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DOLLAR-YEN: Stops have reportedly been triggered above Y111.70 to push the
dollar to a fresh high at Y111.87. Japanese equities continue to be supportive,
Nikkei currently up by 2%. Further supply from Japanese exporters is touted at
and above Y112.00, technical resistance is now seen at Y112.20/25 (Jul26 high
and 200-dma). Dollar-yen was last at Y111.85